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- H.R.4141
H.R.4141: Promotion and Expansion of Private Employee Ownership Act of 2021
About This Bill
- Introduced June 24, 2021
- Latest Major Action June 24, 2021
- See the seven similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
72 (33 Democrats, 39 Republicans)
Bill Version
- Introduced in House - June 24, 2021
Bill Summary
Promotion and Expansion of Private Employee Ownership Act of 2021 This bill expands tax incentives and federal assistance for employee stock ownership plans (ESOPs) that are sponsored by S corporations. The bill provides additional tax incentives for ESOPs by (1) extending to all domestic corporations, including S corporations, provisions allowing deferral of tax on gain from the sale of employer securities to an ESOP; and (2) allowing a tax...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 24, 2021 |
Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, and Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
|
| June 24, 2021 |
Introduced in the House by Ron Kind (D-Wis.) |